Estate-Level Economics of Carbon Storage and Sequestration

The expense of carbon sequestration in terms of capital return deficiency is investigated at estate level, in the case of a fertile boreal estate dominated by spruce forest. Thinnings from below result as a high expense of increased rotation age, thinnings from above as a small expense. The expense...

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Bibliographic Details
Main Author: Petri P. Kärenlampi
Format: Article
Language:English
Published: MDPI AG 2020-06-01
Series:Forests
Subjects:
Online Access:https://www.mdpi.com/1999-4907/11/6/643
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spelling doaj-8dd665e2532e440d95bdd3494aceb5c62020-11-25T02:48:16ZengMDPI AGForests1999-49072020-06-011164364310.3390/f11060643Estate-Level Economics of Carbon Storage and SequestrationPetri P. Kärenlampi0Lehtoi Research, 81235 Lehtoi, FinlandThe expense of carbon sequestration in terms of capital return deficiency is investigated at estate level, in the case of a fertile boreal estate dominated by spruce forest. Thinnings from below result as a high expense of increased rotation age, thinnings from above as a small expense. The expense of increased timber stock is greater than any proportional carbon rent based on present carbon prices. Application of nonproportional carbon rent is proposed.https://www.mdpi.com/1999-4907/11/6/643capitalizationcapital return rate deficiencyexpected valuecarbon storagetimber stockcarbon rent
collection DOAJ
language English
format Article
sources DOAJ
author Petri P. Kärenlampi
spellingShingle Petri P. Kärenlampi
Estate-Level Economics of Carbon Storage and Sequestration
Forests
capitalization
capital return rate deficiency
expected value
carbon storage
timber stock
carbon rent
author_facet Petri P. Kärenlampi
author_sort Petri P. Kärenlampi
title Estate-Level Economics of Carbon Storage and Sequestration
title_short Estate-Level Economics of Carbon Storage and Sequestration
title_full Estate-Level Economics of Carbon Storage and Sequestration
title_fullStr Estate-Level Economics of Carbon Storage and Sequestration
title_full_unstemmed Estate-Level Economics of Carbon Storage and Sequestration
title_sort estate-level economics of carbon storage and sequestration
publisher MDPI AG
series Forests
issn 1999-4907
publishDate 2020-06-01
description The expense of carbon sequestration in terms of capital return deficiency is investigated at estate level, in the case of a fertile boreal estate dominated by spruce forest. Thinnings from below result as a high expense of increased rotation age, thinnings from above as a small expense. The expense of increased timber stock is greater than any proportional carbon rent based on present carbon prices. Application of nonproportional carbon rent is proposed.
topic capitalization
capital return rate deficiency
expected value
carbon storage
timber stock
carbon rent
url https://www.mdpi.com/1999-4907/11/6/643
work_keys_str_mv AT petripkarenlampi estateleveleconomicsofcarbonstorageandsequestration
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